2 More Tops Tips to answer "Why Corporate Banking?" during MT/ internship interviews

Carried on with the last post, let me share 2 more tips on answering “Why Corporate Banking?” 

3️⃣ Corp Banks have been doing more & more DCM deals (instead of providing loans) in recent years. This is because: a) clients might be able to raise more funds through issuing bonds than borrowing loans from banks; b) corp banks could earn more service charges or similar interests; and c) banks wouldn’t have to bear great risks of providing loans. It would be a great advantage for those Corp Bankers who would like to pursue a career in IBD Capital Markets in future with DCM deals experience. 

4️⃣ Compared with Retail, Digital & Commercial Banking, Corp Bank has a more attractive salary level. With a starting salary which can be 20-30% higher and an annual bonus ranging from 3-12 months based on the number and size of DCM deals the Corp Banker handled in the year. 

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